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JLL Income REIT jettisons properties as it sees new opportunities emerging

Chicago-based firm sells three assets in October

The property at 6000 Giant Road is one of three buildings at Pinole Point Distribution Center in Richmond, California. (CoStar)
The property at 6000 Giant Road is one of three buildings at Pinole Point Distribution Center in Richmond, California. (CoStar)

JLL Income Property Trust, the nontraded real estate investment trust of Lasalle Investment Management, a subsidiary of real estate firm JLL, has sold its third asset in a month as it builds capital in advance of what it sees as an improved market.

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